Kathmandu. NPI Narayani Community Hospital Limited is set to issue its primary shares to the general public in near future after obtaining necessary approval from the regulatory bodies in accordance with the provisions of the existing securities registration and issuance regulations and securities issue guidelines. The company has appointed Nabil Investment Banking Limited as its issue manager for the IPO issuance.
In this agreement, NPI. The agreement was signed between Mr. Chudamani Khanal, Director of Narayani Community Hospital and Mr. Manish Narayan Joshi, Chief Executive Officer of Nabil Investment Banking.
Narayani Community Hospital Limited, which has an issued capital of Rs 3.50 billion, will issue 20 percent of its issued capital to the general public and 80 percent shares of the promoter group.
Chudamani Khanal, director of the company, said that the company is going for public auction as additional capital will be required for the construction of a 400-bed general hospital and a cancer hospital which is in the final phase of construction.
NPI has been providing hospital services and various educational programs. Narayani Community Hospital Limited was established in B.S. The company was established in 2006 and currently has an annual turnover of Rs. 1.15 billion and currently employs more than 425 employees.
